Answer: 20,500 units
Explanation:
From the beginning work in process, the stock was only 30% complete in respect to Conversion cost so conversion cost was;
= 6,700 * 70%
= 4,690 units
Ending work in process showed units were only complete in respect to conversion by 30% so 70% remains;
= 3,700 * 70%
= 2,590 units
Equivalent units of production for conversion is;
= Beginning EUP + Units transferred in - Ending EUP
= 4,690 + 18,400 - 2,590
= 20,500 units